Anhui Net Borrowings vs Free Cash Flow Analysis

002597 Stock

22.80 0.07 0.31%

Anhui Jinhe financial indicator trend analysis is way more than just evaluating Anhui Jinhe Industrial prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Anhui Jinhe Industrial is a good investment. Please check the relationship between Anhui Jinhe Net Borrowings and its Free Cash Flow accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Anhui Jinhe Industrial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Net Borrowings vs Free Cash Flow

Net Borrowings vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Anhui Jinhe Industrial Net Borrowings account and Free Cash Flow. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Anhui Jinhe's Net Borrowings and Free Cash Flow is -0.18. Overlapping area represents the amount of variation of Net Borrowings that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Anhui Jinhe Industrial, assuming nothing else is changed. The correlation between historical values of Anhui Jinhe's Net Borrowings and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Borrowings of Anhui Jinhe Industrial are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Net Borrowings i.e., Anhui Jinhe's Net Borrowings and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

-0.18

Relationship Direction	Negative
Relationship Strength	Insignificant

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Net Borrowings

The difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period.

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Most indicators from Anhui Jinhe's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Anhui Jinhe Industrial current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Anhui Jinhe Industrial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

The current year's Selling General Administrative is expected to grow to about 171.7 M. The current year's Tax Provision is expected to grow to about 159 M

	2021	2022	2023	2024 (projected)
Operating Income	1.3B	2.1B	741.3M	661.3M
Total Revenue	5.8B	7.3B	5.3B	3.9B

Operating Income Total Revenue

Anhui Jinhe fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets
Total Assets		0.92	0.48	0.93	0.88	0.39	0.8	0.54	-0.61	0.85	0.9	0.84	0.79	0.9	0.05	0.77	0.96	0.94	0.79	0.78	0.38	-0.47	0.96	0.98	0.69	0.58
Short Long Term Debt Total	0.92		0.6	0.91	0.78	0.37	0.68	0.45	-0.41	0.75	0.82	0.75	0.68	0.91	0.17	0.83	0.9	0.97	0.86	0.68	0.42	-0.38	0.97	0.94	0.74	0.49
Other Current Liab	0.48	0.6		0.58	0.4	0.33	0.27	-0.37	-0.2	0.4	0.25	0.42	0.3	0.58	-0.18	0.2	0.53	0.55	0.26	0.44	0.15	-0.2	0.52	0.54	0.81	0.51
Total Current Liabilities	0.93	0.91	0.58		0.79	0.31	0.69	0.49	-0.46	0.76	0.91	0.74	0.71	0.83	0.2	0.62	0.85	0.89	0.64	0.73	0.58	-0.37	0.96	0.93	0.84	0.54
Total Stockholder Equity	0.88	0.78	0.4	0.79		0.53	0.96	0.47	-0.78	0.99	0.79	0.95	0.96	0.78	-0.12	0.66	0.86	0.81	0.68	0.69	0.23	-0.62	0.82	0.86	0.57	0.76
Other Liab	0.39	0.37	0.33	0.31	0.53		0.67	0.05	-0.24	0.57	0.18	0.4	0.68	0.3	-0.37	0.22	0.27	0.34	0.37	0.67	-0.25	-0.48	0.36	0.28	0.38	0.78
Property Plant And Equipment Net	0.8	0.68	0.27	0.69	0.96	0.67		0.49	-0.7	0.96	0.7	0.85	1.0	0.66	-0.13	0.56	0.72	0.7	0.61	0.71	0.13	-0.62	0.72	0.73	0.5	0.84
Current Deferred Revenue	0.54	0.45	-0.37	0.49	0.47	0.05	0.49		-0.32	0.42	0.73	0.43	0.47	0.34	0.37	0.6	0.44	0.5	0.56	0.43	0.35	-0.16	0.56	0.5	0.05	0.07
Net Debt	-0.61	-0.41	-0.2	-0.46	-0.78	-0.24	-0.7	-0.32		-0.77	-0.55	-0.9	-0.69	-0.43	0.25	-0.43	-0.69	-0.51	-0.4	-0.42	0.0	0.39	-0.48	-0.62	-0.19	-0.51
Retained Earnings	0.85	0.75	0.4	0.76	0.99	0.57	0.96	0.42	-0.77		0.74	0.93	0.96	0.77	-0.18	0.62	0.83	0.76	0.65	0.68	0.17	-0.7	0.79	0.82	0.56	0.79
Accounts Payable	0.9	0.82	0.25	0.91	0.79	0.18	0.7	0.73	-0.55	0.74		0.76	0.7	0.76	0.29	0.72	0.84	0.83	0.71	0.63	0.61	-0.38	0.92	0.9	0.56	0.36
Cash	0.84	0.75	0.42	0.74	0.95	0.4	0.85	0.43	-0.9	0.93	0.76		0.85	0.72	-0.11	0.68	0.88	0.8	0.68	0.6	0.18	-0.49	0.79	0.86	0.49	0.64
Non Current Assets Total	0.79	0.68	0.3	0.71	0.96	0.68	1.0	0.47	-0.69	0.96	0.7	0.85		0.66	-0.13	0.54	0.71	0.7	0.59	0.73	0.13	-0.63	0.73	0.73	0.53	0.85
Non Currrent Assets Other	0.9	0.91	0.58	0.83	0.78	0.3	0.66	0.34	-0.43	0.77	0.76	0.72	0.66		0.0	0.76	0.93	0.87	0.78	0.62	0.3	-0.58	0.89	0.92	0.67	0.49
Other Assets	0.05	0.17	-0.18	0.2	-0.12	-0.37	-0.13	0.37	0.25	-0.18	0.29	-0.11	-0.13	0.0		0.19	-0.03	0.14	0.13	-0.18	0.51	0.4	0.19	0.08	0.07	-0.33
Long Term Debt	0.77	0.83	0.2	0.62	0.66	0.22	0.56	0.6	-0.43	0.62	0.72	0.68	0.54	0.76	0.19		0.8	0.85	0.98	0.47	0.25	-0.32	0.8	0.8	0.25	0.19
Cash And Short Term Investments	0.96	0.9	0.53	0.85	0.86	0.27	0.72	0.44	-0.69	0.83	0.84	0.88	0.71	0.93	-0.03	0.8		0.92	0.8	0.66	0.28	-0.49	0.91	0.98	0.61	0.5
Net Receivables	0.94	0.97	0.55	0.89	0.81	0.34	0.7	0.5	-0.51	0.76	0.83	0.8	0.7	0.87	0.14	0.85	0.92		0.86	0.7	0.36	-0.29	0.96	0.95	0.67	0.51
Non Current Liabilities Total	0.79	0.86	0.26	0.64	0.68	0.37	0.61	0.56	-0.4	0.65	0.71	0.68	0.59	0.78	0.13	0.98	0.8	0.86		0.57	0.19	-0.36	0.82	0.8	0.31	0.28
Inventory	0.78	0.68	0.44	0.73	0.69	0.67	0.71	0.43	-0.42	0.68	0.63	0.6	0.73	0.62	-0.18	0.47	0.66	0.7	0.57		0.02	-0.41	0.74	0.69	0.61	0.71
Other Current Assets	0.38	0.42	0.15	0.58	0.23	-0.25	0.13	0.35	0.0	0.17	0.61	0.18	0.13	0.3	0.51	0.25	0.28	0.36	0.19	0.02		0.12	0.49	0.44	0.44	-0.13
Other Stockholder Equity	-0.47	-0.38	-0.2	-0.37	-0.62	-0.48	-0.62	-0.16	0.39	-0.7	-0.38	-0.49	-0.63	-0.58	0.4	-0.32	-0.49	-0.29	-0.36	-0.41	0.12		-0.4	-0.42	-0.28	-0.54
Total Liab	0.96	0.97	0.52	0.96	0.82	0.36	0.72	0.56	-0.48	0.79	0.92	0.79	0.73	0.89	0.19	0.8	0.91	0.96	0.82	0.74	0.49	-0.4		0.97	0.73	0.5
Total Current Assets	0.98	0.94	0.54	0.93	0.86	0.28	0.73	0.5	-0.62	0.82	0.9	0.86	0.73	0.92	0.08	0.8	0.98	0.95	0.8	0.69	0.44	-0.42	0.97		0.68	0.5
Short Term Debt	0.69	0.74	0.81	0.84	0.57	0.38	0.5	0.05	-0.19	0.56	0.56	0.49	0.53	0.67	0.07	0.25	0.61	0.67	0.31	0.61	0.44	-0.28	0.73	0.68		0.63
Intangible Assets	0.58	0.49	0.51	0.54	0.76	0.78	0.84	0.07	-0.51	0.79	0.36	0.64	0.85	0.49	-0.33	0.19	0.5	0.51	0.28	0.71	-0.13	-0.54	0.5	0.5	0.63

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Anhui Jinhe Account Relationship Matchups

Anhui Jinhe fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	6.1B	7.0B	8.8B	10.3B	9.7B	5.2B
Short Long Term Debt Total	600.5M	775.1M	1.4B	1.6B	905.9M	645.3M
Other Current Liab	71.6M	34.6M	47.3M	574.1M	91.8M	123.8M
Total Current Liabilities	1.1B	1.5B	1.8B	2.5B	2.0B	1.2B
Total Stockholder Equity	4.5B	4.9B	5.8B	7.0B	7.1B	7.5B
Other Liab	42.7M	65.4M	88.9M	160.0M	184.0M	193.2M
Property Plant And Equipment Net	1.8B	2.5B	2.8B	2.9B	3.7B	3.9B
Current Deferred Revenue	235.8M	233.8M	400.6M	66.7M	335.5M	192.9M
Net Debt	(1.2B)	(363.9M)	(604.9M)	(783.8M)	(1.4B)	(1.4B)
Retained Earnings	3.0B	3.4B	4.4B	5.7B	6.0B	6.3B
Accounts Payable	716.5M	942.2M	1.1B	927.9M	1.1B	626.1M
Cash	1.8B	1.1B	2.0B	2.4B	2.3B	2.5B
Non Current Assets Total	2.1B	2.9B	3.4B	3.6B	4.6B	4.9B
Non Currrent Assets Other	1.0B	952.0M	1.4B	1.9B	823.4M	534.6M
Other Assets	125.4M	1.0	83.2M	150.0M	1.15	1.09
Long Term Debt	499.8M	483.2M	1.1B	616.2M	426.2M	358.1M
Cash And Short Term Investments	2.7B	2.0B	3.3B	4.1B	3.1B	1.6B
Net Receivables	812.8M	854.2M	1.5B	1.6B	1.1B	816.2M
Liabilities And Stockholders Equity	6.1B	7.0B	8.8B	10.3B	9.7B	5.2B
Non Current Liabilities Total	542.5M	548.7M	1.2B	778.0M	577.5M	436.7M
Inventory	372.6M	340.3M	505.7M	627.4M	783.6M	395.2M
Other Current Assets	89.1M	888.5M	243.9M	444.4M	129.7M	123.2M
Other Stockholder Equity	358.7M	411.3M	355.4M	194.1M	93.7M	89.0M
Total Liab	1.7B	2.1B	3.0B	3.3B	2.6B	1.7B
Total Current Assets	4.0B	4.1B	5.5B	6.7B	5.1B	3.1B
Short Term Debt	100.8M	291.8M	241.9M	958.7M	474.9M	286.7M
Intangible Assets	101.8M	117.5M	120.0M	266.8M	263.2M	276.4M
Common Stock	558.8M	560.9M	560.9M	560.9M	570.0M	428.7M
Property Plant Equipment	1.8B	2.5B	2.8B	2.9B	3.3B	3.4B
Short Term Investments	950.3M	880.4M	1.3B	1.7B	720.0M	645.1M
Net Tangible Assets	4.4B	4.8B	5.7B	6.8B	7.8B	4.6B
Deferred Long Term Liab	51.9M	51.1M	44.7M	26.1M	30.0M	42.1M
Short Long Term Debt	100.1M	291.2M	176.2M	204.2M	180.1M	164.5M
Common Stock Shares Outstanding	558.8M	560.9M	560.9M	560.9M	570.0M	618.3M
Net Invested Capital	5.1B	5.7B	7.2B	7.9B	7.7B	6.7B
Net Working Capital	2.9B	2.6B	3.7B	4.2B	3.1B	3.3B
Capital Stock	558.8M	560.9M	560.9M	560.9M	570.0M	617.9M

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C	Citigroup
GM	General Motors
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Other Information on Investing in Anhui Stock

Balance Sheet is a snapshot of the financial position of Anhui Jinhe Industrial at a specified time, usually calculated after every quarter, six months, or one year. Anhui Jinhe Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Anhui Jinhe and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Anhui currently owns. An asset can also be divided into two categories, current and non-current.

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Anhui Net Borrowings vs Free Cash Flow Analysis

Net Borrowings vs Free Cash Flow

Net Borrowings vs Free Cash Flow Correlation Analysis

Correlation Coefficient

Net Borrowings

Free Cash Flow

Anhui Jinhe fundamental ratios Correlations

Anhui Jinhe Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Anhui Jinhe fundamental ratios Accounts

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Other Information on Investing in Anhui Stock

COMMON DESTINATIONS

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COMPANY

Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Retained Earnings	+ 0.99	Total Stockholder Equity
Total Current Assets	+ 0.98	Total Assets
Non Current Liabilities Total	+ 0.98	Long Term Debt
Total Current Assets	+ 0.98	Cash And Short Term Investments
Net Receivables	+ 0.97	Short Long Term Debt Total

Cash	- 0.9	Net Debt
Net Debt	- 0.78	Total Stockholder Equity
Retained Earnings	- 0.77	Net Debt
Other Stockholder Equity	- 0.7	Retained Earnings
Net Debt	- 0.7	Property Plant And Equipment Net
Cash And Short Term Investments	- 0.69	Net Debt